Insulet Corp.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $563.5M | $463.8M | $366.9M | $263.9M | $231.3M | $247.0M | $211.5M | $152.0M |
| U.S. Omnipod | $317.0M | $243.3M | $209.7M | — | — | $132.8M | $118.4M | $100.2M |
| International Omnipod | $201.7M | $146.4M | $92.7M | — | — | $13.5M | $6.0M | $800.0K |
| Drug Delivery | $44.8M | $74.1M | $64.5M | — | — | $17.5M | $7.2M | $5.8M |
| Neighborhood Diabetes | $0 | $0 | $0 | — | — | $83.2M | $79.9M | $45.2M |
| Cost of Revenue | $193.6M | $186.6M | $155.9M | $130.6M | $104.2M | $134.7M | $119.0M | $85.5M |
| Gross Profit | $370.2M | $277.2M | $211.1M | $133.3M | $127.1M | $112.4M | $92.3M | $66.7M |
| Gross Margin | 65.7% | 59.8% | 57.5% | 50.5% | 55.0% | 45.5% | 43.7% | 43.9% |
| Operating Expenses | ||||||||
| Research & Development | $94.8M | $75.7M | $55.7M | $43.2M | $27.9M | $21.8M | $24.4M | $21.9M |
| SG&A Expense | $248.0M | $84.7M | $71.6M | $60.4M | $57.5M | $64.1M | $51.2M | $44.1M |
| Operating Income | $27.4M | $-7.4M | $-10.7M | $-48.7M | $-8.9M | $-29.1M | $-36.0M | $-42.5M |
| Operating Margin | 4.9% | -1.6% | -2.9% | -18.5% | -3.8% | -11.8% | -17.0% | -27.9% |
| Interest Expense | $28.9M | $21.2M | $14.4M | $12.7M | $14.6M | $16.9M | $16.4M | — |
| Pretax Income | $5.2M | $-26.6M | $-26.8M | $-61.4M | $-47.9M | $-44.9M | $-51.7M | $-57.0M |
| Income Tax Expense | $1.9M | $200.0K | $392.0K | $212.0K | $60.0K | $100.0K | $212.0K | $-11.2M |
| Net Income | $3.3M | $-26.8M | $-28.9M | $-73.5M | $-51.5M | $-45.0M | $-51.9M | $-45.8M |
| Net Margin | 0.6% | -5.8% | -7.9% | -27.9% | -22.3% | -18.2% | -24.5% | -30.2% |
| EPS (Basic) | $0.06 | $-0.46 | $-0.48 | $-1.29 | $-0.93 | $-0.83 | $-1.08 | $-0.98 |
| EPS (Diluted) | $0.05 | $-0.46 | $-0.48 | $-1.29 | $-0.93 | $-0.83 | $-1.08 | $-0.98 |
| Shares Outstanding (Basic) | 58.9M | 58.0M | 57.3M | 57.0M | 56.3M | 54.9M | 48.4M | 47.5M |
| Shares Outstanding (Diluted) | 61.0M | 58.0M | 57.3M | 57.0M | 56.3M | 54.9M | 48.4M | 47.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |